Examlex
Which of the following is correct?
Horizontal Integration
A strategy where a company acquires or merges with its competitors to increase its market share or product offerings.
Adaptive Framework
A flexible structure or system designed to accommodate change and enable adjustments in response to new conditions or challenges.
Prospector Strategy
A business strategy that focuses on innovation, exploring new markets, and seeking out new opportunities, often characterized by a willingness to take risks.
Innovation
The process of creating new ideas, products, or methods, which bring about significant positive change or improvement.
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